Mobile Printer Market to Reach USD 13 billion by 2020: Report
POS Printers
30-07-2015 00:00:00
Mobile Printer Market to Reach USD 13 billion by 2020: Report
The advancement in printing technology, rising mobile workforce and surging need for on-the-go printing solution have boosted the world market for mobile/portable printers which is forecasted to cross USD 13 billion mark by 2020, according to a report.
The recent report by TechSci Research said that advancement in printer technologies like thermal mobile printers which uses thermal paper in place of cartridges or ribbons, are boosting sales of mobile/portable printers across the globe. The decreasing thermal printers' prices and sharp drop in sales of ink-jet and impact printers have also impacted the global mobile printer sales.
Though the increase in usage of portable or mobile printers can be witnessed across the countries, the regions such as North American and European regions have seen more growth, the report said.
Furthermore, the incorporation of wireless technologies in mobile printers by retailers is anticipated to further speed up uptake of mobile/portable printers for top-quality and instant printing.
The growing demand for smartphones, tablet PCs and other mobile devices in tandem with the rising trend toward cloud printing, mobile workforces and field sales is projected to drive the world market for mobile/portable printers through to 2020, the report noted.
As of 2014, Asia-Pacific emerged as the dominant mobile/portable printers market owing to high demand from different end-use sectors with India and China leading the chart.
Through to 2020, the retail sector is expected to keep on being the key end-user of mobile/portable printers, with the transportation and hospitality sectors following thereafter.
Toshiba TEC, Seiko Epson and Zebra Technologies are some of the leading players presently involved in the global mobile/portable printer marketplace, the report further stated.
-K Ramanathan

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